xai

  1. Luis

    Google's $920 million per month cloud deal with SpaceX

    Google's $920 million per month cloud deal with SpaceX Alphabet Inc.’s Google has agreed to pay Elon Musk’s SpaceX $920 million a month for computing power as part of a cloud services deal that runs through mid-2029. Google will pay SpaceX the monthly fee from October this year through June...
  3. Hanno Labuschagne

    OpenAI urges two states to investigate Elon Musk

    OpenAI urges two states to investigate Elon Musk OpenAI urged the attorneys general of California and Delaware to investigate potential “improper and anti-competitive behaviour” by Elon Musk in his efforts to block OpenAI from restructuring as a for-profit company. Jason Kwon, chief strategy...
  4. Hanno Labuschagne

    SpaceX and xAI working on secretive drone swarming project

    SpaceX and xAI working on secretive drone swarming project Elon Musk’s SpaceX and wholly owned subsidiary xAI are competing in a secretive new Pentagon contest to produce voice-controlled, autonomous drone swarming technology, according to people familiar with the matter. The entry of the two...
  5. Hanno Labuschagne

    xAI taking legal action against Apple over alleged OpenAI favouritism

    xAI taking legal action against Apple over alleged OpenAI favouritism Elon Musk lashed out against Apple Inc.’s app store practices late on Monday, accusing the iPhone maker of favouring OpenAI. The billionaire founder of xAI Holdings, which now houses the Grok artificial intelligence team and...
  6. Hanno Labuschagne

    xAI aiming for $200-billion evaluation in funding raise

    xAI aiming for $200-billion evaluation in funding raise XAI Holdings, Elon Musk’s artificial intelligence and social media company, is in talks to raise more money at a valuation of as much as $200 billion (R3.6 trillion), according to a person familiar with the matter. The company recently...
  7. Hanno Labuschagne

    xAI close to $6-billion funding deal

    xAI close to $6-billion funding deal Elon Musk’s artificial intelligence startup X.AI Corp. is nearing a deal to raise $6 billion (R114.1 billion) in a funding round that would value the company at $18 billion, according to a person familiar with the matter. Sequoia Capital will participate in...
  8. Hanno Labuschagne

    xAI valued at R337 billion in possible investment offer

    xAI valued at R337 billion in possible investment offer Elon Musk’s fledgling AI startup X.AI Corp. is looking to raise $3 billion to $4 billion (R56.22 billion to R74.95 billion) in a deal that would value the company at $18 billion (R337.32 billion), according to materials sent to investors...
  9. Hanno Labuschagne

    xAI has secured $500 million in funding so far — Report

    xAI has secured $500 million in funding so far — Report Elon Musk’s artificial intelligence company, xAI, has secured $500 million in commitments from investors toward a $1 billion goal, according to people with knowledge of the talks. The company is discussing a valuation of $15 billion to...
  10. Hanno Labuschagne

    xAI wants to raise $1 billion

    xAI wants to raise $1 billion Elon Musk’s artificial intelligence company xAI is seeking to raise $1 billion (R18.95 billion) in funding from equity investors, according to a new filing. Musk has already raised nearly $135 million (R2.56 billion), according to a document filed Tuesday with the...
  11. Hanno Labuschagne

    Elon Musk's xAI launches Grok AI chatbot and language model

    Elon Musk's xAI launches Grok AI chatbot and language model Elon Musk's xAI has launched its own artificial intelligence (AI) engine and chatbot to take on OpenAI, Facebook, Google, and Microsoft. Called "Grok", the AI is modelled after the Douglas Adams novel The Hitchhiker's Guide to the...
  12. Hanno Labuschagne

    xAI soft-launching first product on Saturday

    xAI soft-launching first product on Saturday Elon Musk said in a post on his X social platform that the xAI project will release its first artificial intelligence product to a “select group” on Saturday, 4 November 2023. “In some important respects, it is the best that currently exists,” he...
  13. Hanno Labuschagne

    Elon Musk officially launches AI company to "understand the true nature of the universe"

    Elon Musk officially launches AI company to "understand the true nature of the universe" Elon Musk, who has hinted for months that he wants to build an alternative to the popular ChatGPT artificial intelligence chatbot, announced the formation of what he’s calling xAI, a company with a mission...
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